Hello Share Thunderers. There are some areas of business which look extremely healthy at the mo. Whereas others, like airlines for example, have outlooks which could be rather grim. In the former camp are companies which do health and safety.
Hello Share Mates. May I introduce you to another well-established British medical and safety engineer which should become more valuable in the future - Halma (HLMA).
Halma plc (HLMA), a FTSE 250 constituent and safety, health and environmental technology group – with products including fire detectors, access control sensors, medical devices and environmental analysis instruments – updated earlier this month that it “expects adjusted profit for the full year to be in line with market expectations” and that it has “maintained strong returns and achieved good cash generation, which provide us with the financial capacity for further acquisitions and investment”. However, this is another shares in which have risen strongly recently, as the FTSE 250 index has. With the shares up from March 2009 lows of 143.2p and 330.4p at the start of 2012, the following reviews whether value remains at the current 493p, which capitalises this company at £1.86 billion…
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